Australian Family Office Series Part 1: Market Snapshot & Family Office Models｜澳洲家族办公室系列
The concept of a family office is well-known worldwide, but its structure and operation can vary across countries and jurisdictions. To help our Asian clients better understand the Australian family office landscape, we are introducing an Australian Family Office series and sharing selected contents from the Australian Family Office Comparative Guide authored by Christine Fleer, […]
Understanding Common Reporting Standard (CRS)
The Common Reporting Standard (CRS) is the single global standard for the collection, reporting, and exchange of financial account information on foreign tax residents. Under the CRS, banks and other financial institutions collect and report financial account information on foreign tax residents to the ATO. The ATO exchanges this information with participating foreign tax authorities […]
Super Update – EOFY 2025
Super EOFY 2025: What You Need to Know As we approach 30 June 2025, it’s time to check in on your superannuation strategy. Whether you’re looking to maximise contributions, time a non-concessional contribution bring-forward arrangement, or prepare for the new $2 million Transfer Balance Cap, there are several important rules and deadlines to keep in […]
Tax Update – EOFY June 2025
As another financial year quickly comes to a close, we’ve summarised some key tax planning tips and relevant changes to consider in the lead up to 30 June. Instant Asset Write Off for Small Businesses As discussed in previous newsletters, the Instant Asset Write Off (“IAWO”) has been extended for another year. The IAWO provides […]
Super and Division 296 Tax – Don’t Throw the Baby Out with the Bathwater
Super and Division 296 Tax – Don’t Throw the Baby Out with the Bathwater With the Labor Party re-elected, Treasurer Jim Chalmers remains adamant that he will proceed with Division 296, the new tax measure targeting larger super balances. The recent budget included revenue expected to be generated from Division 296 tax starting in the […]
Tax Update – May 2025
Below are the latest tax insights and essential updates to keep you informed and compliant. What Has Labor Promised Amid the 2025 Election Campaign? We’ve summarised some of the key tax proposals announced by the Labor party during the 2025 election campaign, including as part of the recent Federal Budget. The proposals primarily focused on […]
